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cloud on title (cloud)

n. an actual or apparent outstanding claim on the title to real property. "Clouds" can include an old mortgage or deed of trust with no recording showing the secured debt was paid off, a failure to properly transfer all interests in the real property (such as mineral rights) to a former owner, a previous deed which was improperly written or signed, an unresolved legal debt or levy by a creditor or a taxing authority, or some other doubtful link in the chain of title. Often the "cloud" can be removed by a quiet title action, by finding a person to create or execute a document to prove a debt had been paid or corrected. Title companies will refuse to insure title to be transferred with a "cloud," or they will insure ownership except for ("insure around") the "cloud." (See: chain of title, quiet title action, mortgage, deed of trust, reconveyance, title, title report)

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References in periodicals archive ?
Over the past decade, many of the world's largest telecommunication service providers have purchased Stratus servers for intelligent network and network management applications, including 1-800 call management, mobile number portability and short message service centers.
At the Cannes Film Festival in May, Yari was often flanked by reps from rival agencies, including WMA and the CAA team that structured the deals for Stratus and Bull's Eye.
But the Stratus product planners are confident that by keeping a tight lid on cost, the 5-speed R/T can be profitable.
All bank debit-card transactions from any ATM in First Florida's MAX ATM network are routed first to the bank's Stratus for authorization and customer identification, via personal identification numbers (PINs).
Vinson and Elkins LLP and Jones Walker LLP are serving as legal counsel to Stratus.
With GV STRATUS, OneTV is now equipped with the most efficient and complete set of tools for ingest, editing, content aggregation, logging, transfer and playout.
Founded in TriBeCa by Irene Nickolai in 2008, Stratus Realty Group grew substantially with agents stationed all over the world including Miami, Moscow, Monaco and London.
24 March 2010 - S&P on Tuesday gave its B- corporate credit rating with a "stable" outlook to US computer server technology maker Stratus Technologies Inc, owned by Bermuda-based Stratus Technologies Bermuda Ltd.
The press was delivered in October, and Stratus is now ready to take it to two shifts.
Stratus ftServer systems are field-proven to deliver the industry's best protection against unplanned downtime and data loss.
The Stratus platform also enables WDT to add CLASS 5 functionality at any time to bring its current hosted softswitch for residential phone service in-house under one management domain.
By this summer, the first residents of the long-awaited Chelsea Stratus will have moved into their condos in the neighborhood's tallest building.